TANG BILER LEMVIG A/S

CVR number: 28293585
Navervej 1, 7620 Lemvig
thj@tangbiler.dk

Credit rating

Company information

Official name
TANG BILER LEMVIG A/S
Personnel
8 persons
Established
2004
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About TANG BILER LEMVIG A/S

TANG BILER LEMVIG A/S (CVR number: 28293585) is a company from LEMVIG. The company recorded a gross profit of 3361.7 kDKK in 2023. The operating profit was 389.8 kDKK, while net earnings were 296.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TANG BILER LEMVIG A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 663.881 234.931 847.643 575.823 361.68
EBIT625.81150.81614.39782.67389.76
Net earnings476.46108.37469.53605.32296.55
Shareholders equity total1 985.571 693.942 163.472 368.792 165.34
Balance sheet total (assets)4 051.814 602.114 819.954 498.144 306.27
Net debt700.30771.33- 147.4530.42- 601.66
Profitability
EBIT-%
ROA15.6 %3.5 %13.0 %16.8 %8.9 %
ROE24.5 %5.9 %24.3 %26.7 %13.1 %
ROI22.3 %5.5 %23.8 %31.8 %16.2 %
Economic value added (EVA)409.2316.88406.39509.21181.47
Solvency
Equity ratio49.0 %38.3 %44.9 %52.7 %50.3 %
Gearing35.3 %59.1 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.20.30.20.7
Current ratio1.91.51.71.91.9
Cash and cash equivalents1.54229.84147.450.88601.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:8.86%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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